The increase in awareness regarding chronic diseases and availability of nanoemulsion treatments is driving the growth of the market.
The global nanoemulsions market size is expected to reach USD 18.85 Billion by 2028, registering a CAGR of 9.5% over the forecast period, according to a new report by Reports and Data. Major factors driving market revenue growth are increasing in awareness regarding chronic diseases and rising availability of nanoemulsion treatments. Nanoemulsions are a new type of medication delivery. They are used in a wide range of applications, including DNA-encoded drugs, vaccine administration, cosmetic and topical medicines, and antibiotics. The fundamental advantage of nanoemulsions is that they minimize absorption inconsistencies, improve absorption rate, boost bioavailability, aid in lyophilic drug solubility, and provide great thermodynamic stability.
Nanoemulsions are being used to boost the solubility and bioavailability of medications that are water insoluble. Because of its improved drug solubilization capability, ease of production, extended shelf life, and improved drug bioavailability, the drug has gained traction for both hydrophilic and hydrophobic medicines.
Key companies profiled in the report include
Allergen plc, Covaris, Inc., Ascendia Pharmaceuticals, Foamix Pharmaceuticals, Taiwan Liposome Company, Ltd., Santen Pharmaceuticals Co., Ltd., Mitsubishi Tanabe Pharma, Microfluidics (IDEX Corporation), Latitude Pharmaceuticals Inc., and AstraZeneca plc among others.
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The report is an investigative study that determines market growth and market scope on the basis of market trends, consumer behavior shifts, consumption and production patterns, product portfolio offered by the market, growth rate, drivers and constraints, financial positions, and existing challenges and limitations of the Nanoemulsions market.
The report discusses in detail the global production capacity, demand and supply ratio, market dynamics, and comprehensive analysis of the competitive landscape. It provides an industry-wide analysis of the market share of each players along with their business portfolio, production and manufacturing capacity, product portfolio, business expansion plans, financial standing, and strategic alliances such as mergers and acquisitions, joint ventures, and collaborations, among others.
The regional bifurcation of the market analyzes key market segments such as North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The report discusses in detail the market growth, market size, revenue growth, market share, production and consumption, demand and supply, current and emerging trends, and technological developments in each region.
The key geographical regions analyzed in the market report are:
- North America (U.S.A., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- AsiaPacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Nanoemulsions Market Segmentation based on Types:
Applications Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2020 – 2028)
- Nonsteroidal anti-inflammatory drugs (NSAIDs)
Route of Administration Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2020 – 2028)
Distribution Channel Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2020 – 2028)
- Hospital Chain
- Retail Stores
Further key findings from the report suggest
- Antibiotics accounted for largest share among other application segments of nanoemulsions. The rise in demand for antibiotics is also generating a demand for the market in the segment.
- Nanoemulsions in vaccines are attracting the attention of a growing number of biopharmaceutical companies. The use of the market product in vaccinations has been proved to be safe in research and tests. These vaccines are being developed for targeted therapy to treat chronic infections and cancer illnesses.
- Oral route of administration of nanoemulsions accounted for the largest market revenue share in 2020. They are also used topically or intravenously. Injecting it in the body is a quick and easy way of delivering the drug.
- The cosmetic business has a significant demand for nanoemulsion. Nano-based delivery methods are utilized to increase the long-term distribution of phytocompounds used in sunscreen and anti-aging creams, overcoming difficulties such as limited permeation and instability of bioactive components in the cream.
- Asia Pacific is expected to register the highest growth rate of 10.7% during the forecast period. Change in demographics and growing disposable income is driving the market, especially in densely populated areas such as India and China.
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